Identify Which of the Following Statements Is False

question 54

Multiple Choice

Identify which of the following statements is false.

• A)A gift occurs when a revocable trust is funded.
• B)A gift does not occur until the transfer is complete.
• C)A transfer is incomplete (and not subject to the gift tax)if the donor retains the power to name new beneficiaries or to change the interests of the beneficiaries.
• D)Transfers to an irrevocable trust can be deemed incomplete.

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Definitions:

Surgical Consent

Formal permission granted by a patient or caregiver for a surgical procedure, after understanding the risks and benefits.

Preoperative Education

Information and guidance provided to patients to prepare them mentally, physically, and emotionally for an upcoming surgical procedure.

Ambulatory Surgical Patient

A patient who undergoes surgery and is discharged on the same day, without the need for hospital admission.

Discharge Criteria

The specific conditions and guidelines under which a patient is considered stable and safe to leave a medical facility.